Access Bank GhanaXGHA:ACCESS 47 ROA % is 2.35% as of Mar. 2026, which is 12% below its 10-year median of 2.68. GuruFocus rates XGHA:ACCESS with a GF Score™ of 47/100 and a GF Value™ of GHS13.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,529 Banks companies, Access Bank Ghana ranks better than 60.3% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Access Bank Ghana's annualizedNet Income for the quarter that ended in Mar. 2026 was GHS456 Mil.
Access Bank Ghana's average Total Assets over the quarter that ended in Mar. 2026 was GHS19,390 Mil. Therefore, Access Bank Ghana's annualized ROA % for the quarter that ended in Mar. 2026 was 2.35%.
The historical rank and industry rank for Access Bank Ghana's ROA % or its related term are showing as below:
XGHA:ACCESS'
s ROA % Range Over the Past 10 Years
Min: -3.86 Med: 2.68 Max: 5.53
Current: 1.14
During the past 11 years, Access Bank Ghana's highest ROA % was 5.53%. The lowest was -3.86%. And the median was 2.68%.
XGHA:ACCESS's ROA % is ranked better than 60.3% of 1529
companies
in the Banks industry
Industry Median: 0.98
vs XGHA:ACCESS: 1.14
Access Bank Ghana (XGHA:ACCESS) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Access Bank Ghana ROA % Related Terms
Access Bank Ghana ROA % Historical Data
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The historical data trend for Access Bank Ghana's ROA % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Access Bank Ghana's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Access Bank Ghana ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Access Bank Ghana's ROA % distribution charts can be found below:
* The bar in red indicates where Access Bank Ghana's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Access Bank Ghana (XGHA:ACCESS) has a ROA % of 2.35% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Access Bank Ghana and its competitors. This is 12% below median its historical median of 2.68. According to the industry distribution chart, Access Bank Ghana ranks #607 out of 1529 companies in the Banks industry, placing it in the top 39.7%.
Is Access Bank Ghana's ROA % too high?
Access Bank Ghana's current ROA % of 2.35% is 12% below median its 10-year median of 2.68. The Banks industry median ROA % is 0.98. Access Bank Ghana's value of 2.35% is 139.8% above this industry median. Based on the distribution chart, Access Bank Ghana ranks #607 out of 1529 companies in the Banks industry, which is above the industry midpoint. Overall, Access Bank Ghana has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Access Bank Ghana's ROA % compare to PNC?
According to the Banks industry distribution chart, Access Bank Ghana ranks #607 out of 1529 companies for ROA %. This puts Access Bank Ghana in the upper half of its industry. The industry median ROA % is 0.98. Access Bank Ghana's value of 2.35% is 139.8% above this benchmark. While the company's 10-year median is 2.68 vs. the industry median of 0.98, Access Bank Ghana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Access Bank Ghana's current ROA % of 2.35% is 139.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Access Bank Ghana and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Access Bank Ghana's current ROA % is 2.35%, which is 12% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Access Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Access Bank Ghana (XGHA:ACCESS) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS13.78, compared to a current price of GHS31.90 — trading 131.5% above its estimated fair value. The current ROA % is 2.35%, which is 12% below median its 10-year median of 2.68 and 139.8% above the Banks industry median of 0.98. Access Bank Ghana's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Access Bank Ghana (XGHA:ACCESS), the current ROA % is 2.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Access Bank Ghana (XGHA:ACCESS) Overvalued in 2026?
Based on GuruFocus' analysis, Access Bank Ghana stock appears to be overvalued.
The current stock price of GHS31.90 is trading 131.5% above its estimated GF Value™ of GHS13.78.
GuruFocus considers Access Bank Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:ACCESS:
ROA %: 2.35% (12% below median its 10-year median of 2.68)
GF Value™: GHS13.78 vs. price of GHS31.90 (131.5% above fair value)
Industry Position: 139.8% above the Banks median (#607 of 1529)
No single metric tells the full story. See the XGHA:ACCESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Access Bank Ghana PLC is a Ghana-based commercial bank. The bank provides universal banking services including Retail Banking, Commercial Banking, Business Banking, Personal Banking, and Exclusive Banking. It also provides support for financing landmark projects in the private and public sectors. It provides services to Corporate, Commercial, Retail customers, and Financial Institutions across Ghana. The company's segments include Institutional Banking, Commercial Banking, Personal, and Business Banking, and Treasury.
47GF Score
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